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Samsung Expects Chip Demand to Grow This Year

Samsung Expects Chip Demand to Grow This Year

SUWON, March 18 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip maker, said Wednesday it expects this year’s chip demand to grow despite concerns over the novel coronavirus pandemic. During an annual shareholder meeting, Kim Ki-nam, who leads Samsung’s device solutions division, said that “external uncertainties” will continue this year but global [...]

Samsung Begins Replacing Japanese Materials in Chip Production amid Export Curbs

Samsung Begins Replacing Japanese Materials in Chip Production amid Export Curbs

SEOUL, Sept. 3 (Korea Bizwire) — Samsung Electronics Co., the world’s leading memory chip and smartphone maker, has begun replacing Japanese materials with local supplies for its production of semiconductors, company officials said Tuesday, a move that could offset Japan’s restrictions on high-tech exports to South Korea. “(The company) has injected supplies other than Japanese [...]

Samsung Posts Surprise, Record-high Operating Profit for Q2

Samsung Posts Surprise, Record-high Operating Profit for Q2

SEOUL, Jul. 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. predicted Friday that its second-quarter operating profit shot up nearly 72 percent on-year to post a record-high quarterly level, apparently helped by the robust performance of its chip business. The stronger-than-expected operating profit was estimated at 14 trillion won (US$12.1 billion), compared [...]

SK Hynix Bids for 20 Pct Stake in Toshiba’s Memory Chip Business

SK Hynix Bids for 20 Pct Stake in Toshiba’s Memory Chip Business

SEOUL, Feb. 7 (Korea Bizwire) – SK hynix Inc., the world’s second-largest maker of computer memory chips, has submitted a bid to acquire a 20 percent stake in Toshiba Corp.’s memory chip business, an industry source said Tuesday.  The bid is aimed at strengthening SK hynix’s NAND flash memory business as global demand for flash [...]

Chipmakers Race to Expand Production Capacity as Demand Rebounds

Chipmakers Race to Expand Production Capacity as Demand Rebounds

SEOUL, Dec. 28 (Korea Bizwire) – Global chipmakers are racing to boost their production capacity of NAND flash memory chips used in mobile devices, driven by a rebound in demand for smartphones and data-storage devices.  After volatile price swings in recent years, semiconductor manufacturers are expected to benefit from a global upswing in prices for [...]